Evaluating A Neighbourhood

Evaluating A Neighbourhood

If you have any question or would like more information about evaluating your neighbourhood pleaseContact Us.

Drive Around

Does it look like a place you'd like to live?

Is it near places you'd like to go?

Is it too near places you'd rather avoid?

What will it look like during commuting time?

What's it like at night?

Quality of Schools

What is the school performance?

Average test scores?

Capacity of school in relation to # of students?

Parent involvement?

After school activities, teams?

Education/Income Profile

What is the household income?

The education level?

Occupation?

Family type?

Cultural Amenities

Proximity to museums, galleries, universities, seasonal entertainment, theatres, orchestras, etc. even if you don't frequent them, they help set the tone for the area. Property Values, Steady or increasing values generally mean a sound investment. It is almost always best to buy the smallest, least expensive home in the best neighbourhood you can afford.

Future Growth If you are not planning on staying in your new home for a number of years, an abundance of new construction being planned could affect your resale. Equally true, however, is the existence of higher end properties could increase the value of yours. Your REALTOR®is your best source of information on property and neighbourhood information. There are also numerous Internet sites, such as REALTOR.ca, Homes.com, Homeadvisor.com, schoolmatch.com and others, that can assist you in your research. If you have any question or would like more information about anything pleaseContact Us.

About

Harvey Malinsky, Broker

Copyright 2017 All rights reserved. Toronto Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.